Senstar Technologies Announces Appointment Of Tomer Hay As Chief Financial Officer

PR Newswire

YEHUD, Israel, July 6, 2021 /PRNewswire/ — Senstar Technologies (legal name: Magal Security Systems Ltd.) (NASDAQ: MAGS) announced today that Mr. Tomer Hay has been appointed as CFO of the Company. Mr. Hay will replace Mr. Yaacov (Kobi) Vinokur, who has been Magal’s CFO since 2016. Mr. Hay is expected to replace Mr. Vinokur following a transition period.

Mr. Hay joined the Company in 2012 as Corporate Controller and progressed to the position of VP Finance before his appointment as CFO. As VP Finance, Mr. Hay was responsible for the Company’s financial reporting, analysis, controls and tax matters. In addition, he was actively involved in strategic processes, including M&A and restructuring.

Prior to joining the Company, Mr. Hay had a successful career within the high-tech sector at Ernst and Young Israel, ending as Senior Audit Manager. Mr. Hay brings over 17 years of professional experience and knowledge of financial management of NASDAQ listed companies engaged in the tech sector.

Mr. Hay is a certified public accountant in Israel and holds a B.A. degree in Accounting and Economics from Tel-Aviv University.

Senstar Technologies CEO Mr. Dror Sharon, commented: “Tomer’s appointment as our next CFO was the most logical choice upon Kobi’s decision to leave the Company. Tomer is respected by the entire management team and has worked closely with Kobi to understand the essential aspects of CFO role.  The approval by our Board of Directors, whose members value Tomer’s experience, abilities and contribution to the Company’s growth, is a further vote of confidence. I look forward to continue working with Tomer as the Company’s new CFO.”

Mr. Sharon added: “I would like to thank Kobi for his long and valuable contribution to Senstar Technologies and wish him well and much success in his future endeavors.”

About Senstar Technologies

Senstar Technologies (formerly known as Magal Security Systems) is a leading international provider of comprehensive physical, video, and access control security products and solutions, as well as site management. Over the past 45 years, Senstar Technologies has delivered its products as well as tailor-made security solutions and turnkey projects to hundreds of satisfied customers in over 80 countries under some of the most challenging conditions. On June 30, 2021, the Company completed the sale of its project division for approximately $35 million. The Company is now focused entirely on security products, both software and hardware, and product-based solutions, with a highly visible and scalable business model through its Senstar brand.

Senstar is a global leader in innovative perimeter intrusion detection systems (PIDS) and intelligent video management (VMS) with advanced video analytics and access control, offering a comprehensive suite of innovative, intelligent, integrated security technologies. Senstar offers a comprehensive suite of proven, integrated technologies that reduce complexity, improve performance and unify support. Senstar, which products are found in thousands of sites including critical infrastructure, logistics, corrections and energy, has been protecting high risk assets for more than 40 years. For more information, visit the Company’s website at www.senstar.com.

Forward Looking Statements

This press release contains forward-looking statements, which are subject to risks and uncertainties. Such statements are based on assumptions and expectations which may not be realized and are inherently subject to risks and uncertainties, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Future events and actual results, financial and otherwise, may differ from the results discussed in the forward-looking statements. A number of these risks and other factors that might cause differences, some of which could be material, along with additional discussion of forward-looking statements, are set forth in the Company’s Annual Report on Form 20-F filed with the Securities and Exchange Commission. In addition, there is uncertainty about the impact of the spread of the COVID19 virus and its effect on the Company’s operations, the demand for Company’s products, global supply chains and economic activity in general.

For more information:
Magal Security Systems Ltd.
Diane Hill
+972-3-539-1421
[email protected] 
www.senstartechnologies.com

IR Contact:

Brett Maas

Managing Partner
Hayden IR
+1 -646 -536 -7331
[email protected]

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SOURCE Senstar Technologies (legal name: Magal Security Systems Ltd.)

NASCAR Driver Christopher Bell and Stanley Black & Decker Unveil Outer Space-Themed Paint Scheme to Honor the Patients of Children’s Miracle Network Hospitals for July 11 Atlanta NASCAR Cup Race

– Stanley Black & Decker’s CRAFTSMAN® and Ace Hardware Foundation join efforts to support Children’s Miracle Network Hospitals (CMN Hospitals)

– With more than $1.5 Million donated, Stanley Black & Decker marks 15 years supporting CMN Hospitals through Racing for a Miracle program

PR Newswire

ATLANTA, July 6, 2021 /PRNewswire/ — Stanley Black & Decker’s (NYSE: SWK) iconic CRAFTSMAN® brand has teamed up with the Ace Hardware Foundation and Christopher Bell of Joe Gibbs Racing (JGR) to raise funds and awareness for Children’s Miracle Network Hospitals (CMN Hospitals) for the 2021 Racing for a Miracle program. Ahead of the Atlanta NASCAR Cup Race on Sunday, July 11, CRAFTSMAN® and the Ace Hardware Foundation will donate $100,000 to support the vital work of CMN Hospitals.

With more than $1.5M donated, this year marks the 15th year of Stanley Black & Decker supporting the Racing for a Miracle program and the 30th year Ace Hardware Foundation has partnered with CMN Hospitals.  

In honor of these milestones, Christopher Bell will unveil a one-of-a-kind paint scheme for the No. 20 CRAFTSMAN Ace Foundation / CMN Hospitals Toyota Camry that he will drive in the July 11 race. This year’s car highlights patients from CMN Hospitals and showcases an outer space-theme representing “30 years and beyond” of partnerships that have helped support CMN Hospitals’ mission.

“I’m so excited to join the Racing for a Miracle program for my first time,” said Christopher Bell. “As I drive on Sunday, I’m racing for my honorary crew members; Parker, Ella, John and Elijah and will be reminded of how strong and determined they are. For these kids, I hope to take my outer space-themed car to victory lane.”

Each year, children from one select member of Children’s Miracle Network Hospitals are chosen to be honorary JGR crew members and enjoy a unique NASCAR experience. This year, four CMN kids from Children’s Healthcare of Atlanta were chosen to participate – Parker, age 12; Ella, age 16; John, age 10; and Elijah, age 11. On race day, the four children will receive a VIP race-day experience including hospitality.

“For our family, being able to participate in the Racing for a Miracle program was more than getting to go see a NASCAR race,” said Stephanie, Lucas’ mother. Lucas was an honorary crew member in 2018. “It meant that we got to take a break from the constant medical issues and hospital visits. It allowed us to do something together as a family that we would probably never be able to do otherwise. The smiles of joy on all of our faces when we went to the track are precious memories that will last a lifetime.”

Stanley Black & Decker is proud to continue to support CMN Hospitals’ mission across the U.S.,” said Tony Merritt, Vice President of Sponsorships for Stanley Black & Decker. “During the past 15 years, we have been honored to help create amazing memories between our NASCAR drivers and the wonderful kids we call ‘honorary crew members.’ But most importantly, this partnership has supported a critical mission – helping provide the best care for kids across the country.”

For the first time in the Racing for a Miracle program’s history, CRAFTSMAN® has created an in-store promotion with Ace Hardware to better allow the public to participate in this amazing effort. CRAFTSMAN® will donate $10 to CMN Hospitals for every purchase of the July Buy One, Get One (BOGO) promotion featuring the newly released CRAFTSMAN VERSASTACK™ System Tower (CMST60402) and compatible 216 Piece VERSASTACK™ 3-Drawer Mechanics Tool Set (CMMT99206). Mechanics and car enthusiasts can also purchase this set online at Acehardware.com.

For more information on Racing for a Miracle or to donate to Children’s Miracle Network Hospitals visit www.craftsman.com/craftsmanclub.

About CRAFTSMAN®
CRAFTSMAN® is an American icon that homeowners, home builders, auto enthusiasts and master mechanics have trusted since 1927 – and today’s CRAFTSMAN® continues that legacy. With a focus on reliable, high-performance tools, storage and equipment, CRAFTSMAN® has revived its long-established pride in superior quality. Now it’s easier than ever to get the tools trusted for generations at more places than ever. For more information visit www.craftsman.com or follow CRAFTSMAN® on Facebook, Instagram and Twitter.

About Stanley Black & Decker 

Stanley Black & Decker, an S&P 500 company, is a leading $14.5 billion global diversified industrial with 53,000 employees in more than 60 countries who make the tools, products and solutions to deliver on its Purpose, For Those Who Make The World. The Company operates the world’s largest tools and storage business featuring iconic brands such as DEWALT, STANLEY, BLACK+DECKER and CRAFTSMAN; the world’s second largest commercial electronic security company; and is a global industrial leader of highly engineered solutions within its engineered fastening and infrastructure businesses. Learn more at www.stanleyblackanddecker.com.

About Ace Hardware
Ace Hardware is the largest retailer-owned hardware cooperative in the world with more than 5,400 locally owned and operated hardware stores in approximately 70 countries. Headquartered in Oak Brook, Ill., Ace and its subsidiaries operate an expansive network of distribution centers in the U.S. and have distribution capabilities in Ningbo, China; Colon, Panama; and Dubai, United Arab Emirates. Since 1924, Ace has become a part of local communities around the world and known as the place with the helpful hardware folks. For more information, visit acehardware.com or newsroom.acehardware.com. 

About the Ace Hardware Foundation
As the official charitable division of Ace Hardware Corporation, the Ace Hardware Foundation helps enhance the vision of being the “Helpful Place” in local communities across the country and around the globe through charitable giving. The Ace Foundation provides support and philanthropic opportunities to its consumers, retail store owners, vendors and team members to give back to local communities through fundraising efforts for Children’s Miracle Network Hospitals and American Red Cross Disaster Relief. Ace Hardware has been a national partner for Children’s Miracle Network Hospitals for the last 30 years, raising over $140 million during that time.

About Children’s Miracle Network Hospitals®
Children’s Miracle Network Hospitals® raises funds for 170 children’s hospitals that support the health of 10 million kids each year across the U.S. and Canada. Donations go to local hospitals to fund critical life-saving treatments and healthcare services, along with innovative research, vital pediatric medical equipment, child life services that put kids’ and families’ minds at ease during difficult hospital stays and financial assistance for families who could not otherwise afford these health services. When we improve the health of all children and allow them the opportunity to reach their full potential, we also improve our communities for years to come. Together, we can change kids’ health. Together, we can change the future. To learn about Children’s Miracle Network Hospitals and your local children’s hospital, visit cmnhospitals.org.

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SOURCE Stanley Black & Decker

New South Carolina City Gear Opens To Serve Beaufort

PR Newswire

BIRMINGHAM, Ala., July 6, 2021 /PRNewswire/ — Hibbett (NASDAQ:HIBB), the Birmingham-based premium athleisure and footwear retailer operating more than 1,000 Hibbett Sports and City Gear stores nationwide, today announced the opening of the Beaufort City Gear located at 330 Robert Smalls Parkway in the Cross Creek Plaza. The public is invited to attend the Grand Opening celebration on Saturday, July 10, 2021.

“Our work is about building stronger communities and neighborhoods and we believe our talented staff are an important part of that equation,” said Abu Young, DSM, City Gear. “Our City Gear mission is to connect people with an incredible urban apparel and footwear shopping experience that exceeds customer expectations.”

The new 4600+ square foot City Gear location features the hottest in urban streetwear and footwear brands with a premium shopping experience. The store vibe and aesthetic are designed to create the ultimate relaxed shopping environment for the urban fashion aficionado. Each store displays inspirational hyper-local skylines and brand imagery along with trending fashion photography, a premium sound system and current music videos playing on 55″ screens.

Since 1978, City Gear stores have been the go-to destination for streetwear fashion and footwear enthusiasts to find full looks to create their own style and image. Stores carry shoes from brands like Nike and Jordan and feature special Retro Jordan re-launches. City Gear carries apparel from fashion brands such as Billion Dollar Baby, New Era, Grindhouse and Born Fly.

Each store is organized for shoppers to find fresh and trending looks and inspiration with regularly updated styles on display, put together by in-house stylists. Merchandise is organized by brand or theme, to make it quick and easy for customers to find what they are looking for. The new store offers convenient shopping options such as Buy Online Pick Up In Store and Reserve Online Pick Up In Store, making it easy for consumers to find exactly what they want, when they want it. 

The public is invited to attend the Grand Opening party Saturday, July 10th from 11am-1pm. There will be door prizes including giveaways, special promotions and fun for all.

About Hibbett and City Gear
Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with more than 1070 Hibbett Sports and City Gear specialty stores, located in 35 states nationwide. Hibbett has a rich history of serving customers for more than 75 years with convenient locations, personalized service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com.  Follow us on Facebook, Instagram and Twitter @hibbettsports and @citygear .

Media Contact: Wendy Yellin, [email protected] or [email protected]

 

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SOURCE Hibbett Inc.

Hibbett Sports Opens First Store To Serve Garner, North Carolina

PR Newswire

BIRMINGHAM, Ala., July 6, 2021 /PRNewswire/ — Hibbett (NASDAQ: HIBB), the Birmingham-based premium athleisure and footwear retailer operating more than 1,000 stores nationwide, today announced the opening of the first Hibbett Sports in Garner, North Carolina. The new store is located at; 2640 Timber Drive, in the Garner Towne Square and the Grand Opening celebration will take place on Saturday, July 10, 2021.

“We are excited to open the first ever Hibbett Sports in Garner and look forward to serving this community with our top-of-the-line brands and shoe launches such as Jordan and other signature footwear,” said Gerald Frye, District Sales Manager, Hibbett Sports.

The new 4,200+ sq foot boutique-style store features an open-concept and easy navigation of newly released, exclusive and hard-to-find footwear, athletic apparel and equipment from brands like Nike, Jordan, adidas, PUMA, Mitchell & Ness and more. The unique store design includes multiple mannequins showcasing stylist curated head-to-toe outfits to inspire customers while they shop. There are also phone charging stations and other upscale amenities for customers to enjoy along with the exceptional customer service Hibbett is known for.

The new Garner store offers many convenient shopping options such as; Buy Online Pick Up In Store, Reserve Online Pick Up In Store, Curbside Pick Up and Ship to Store, making it easy for consumers to find exactly what they want, when they want it. The store also offers a generous customer loyalty program called Hibbett Rewards, Klarna split payment options, a great mobile app, text communication updates and much more.

This is the first Hibbett Sports in the area and the public is invited to attend a Grand Opening party and virtual remote on Saturday,July 10, 2021 from 11am1pm. There will be door prizes, special promotions and fun for all.

About Hibbett
Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with more than 1070 Hibbett Sports and City Gear specialty stores, located in 35 states nationwide. Hibbett has a rich history of serving customers for more than 75 years with convenient locations, personalized service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com.  Follow us on Facebook, Instagram and Twitter @hibbettsports and @citygear .

Media Contact: Wendy Yellin, [email protected] or [email protected]

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SOURCE Hibbett Inc.

Introducing The Nicklaus – Jacklin Award Presented By AON

*Award commemorates the famous Nicklaus-Jacklin Ryder Cup ‘concession’ in 1969

* Recipients from each side will best embody the spirit of the Ryder Cup and better decision-making

PR Newswire

PALM BEACH GARDENS, Fla. and LONDON, July 6, 2021 /PRNewswire/ — The PGA of America, Ryder Cup Europe and Aon plc (NYSE: AON) ― a leading global professional services firm providing a broad range of risk, retirement and health solutions ― today jointly announced the creation of “The Nicklaus – Jacklin Award presented by Aon,” which will debut during the 43rd Ryder Cup, Sept. 24-26, 2021 at Whistling Straits in Kohler, Wisconsin.

The first-of-its-kind award will be given to two players ― one each from the U.S. and European Ryder Cup teams ― who best embody the spirit of the event: seeing the bigger picture and making decisions critical to sportsmanship, teamwork and performance at the Ryder Cup.

The recipients of the inaugural award will be selected by a committee consisting of Jack Nicklaus, Tony Jacklin, other past European and U.S. Ryder Cup Captains, PGA of America President Jim Richerson, PGA of Great Britain and Ireland Chairman Alan White, representatives from Sky and NBC Sports and Carlo Clavarino, Executive Chairman, International Business, Aon. 

The Ryder Cup has a history of rivalry, excitement and passion, but is also the essence of true sportsmanship. Named after the famous 1969 concession by Jack Nicklaus, which saw him give Tony Jacklin a 2-foot putt for a halved match that resulted in the first tie in Ryder Cup history, this new award commemorates sportsmanship, teamwork and the type of sound, strategic decision-making that attracts people to the game.

“Since its inception, the Ryder Cup was imagined as a spirited but friendly competition amongst allies. At its core, this remarkable tradition is based on the fundamental pillars of sportsmanship, teamwork and performance,” said Seth Waugh, PGA of America, CEO. “We want to recognize and celebrate that key foundational tenet and so in collaboration with Aon, created an award to honor Jack Nicklaus and Tony Jacklin’s historic act from 1969 that exemplified those honorable traits and set the stage for the future of the Ryder Cup.”

“The players are the beating heart of the Ryder Cup,” said European Ryder Cup Director Guy Kinnings. “Once every two years, these individual giants of our sport come together as a team and have to make decisions under the utmost scrutiny that not only affects themselves, but also their team-mates, their fans and their continent.

“Decision-making under such intense pressure is a crucial part of any Ryder Cup. It is fitting, therefore, that this new award, presented by Aon, not only recognizes the decisions that ultimately characterize success, but also the sportsmanship which has defined many of them over history and will continue to do so.”

“Inspired by the events at the 1969 competition, this new award embodies values we aspire to at Aon, and also celebrates the decisions that will continue to shape the future of this iconic team event,” said Carlo Clavarino, Executive Chairman, International Business, Aon. “In golf – as in business – the decisions that really make an impact aren’t always obvious. Every day, we work to ensure our clients have the information, insights and advice they need to make better decisions that deliver successful outcomes.”

“The excitement and energy surrounding the Ryder Cup always tests your poise, composure and decision-making, and when it matters most,” said Jack Nicklaus, record 18-time major champion, 2-time U.S. Ryder Cup Team Captain and 6-time U.S. Ryder Cup Team Member. “The challenge is that every decision is magnified to its fullest because we’re not playing for just ourselves, but we’re playing for our country, teammates, captains, and fans. I’m glad to see that everyone involved in the Ryder Cup is identifying the importance of the choices these players make in the heat of competition and on one of golf’s biggest stages, and that they are recognizing and celebrating individuals who approach this competition with the proper spirit and who put an emphasis on good will and camaraderie.”

“There’s always a decision that defines you in the Ryder Cup and to have an award that also highlights that decision is innovative for the game of golf and the Ryder Cup,” said Tony Jacklin, Major Champion four-time European Ryder Cup Team Captain and seven-time European Ryder Cup Team Member. “When I look back on my career, to be a part of Ryder Cups, the team atmosphere, and the importance of the decisions that followed – to giving players the opportunity to win an award based on that decision carries a lot of weight and will be a key accomplishment in their career.”

To support the award and create momentum leading up to the event, the Ryder Cup and Aon will launch two digital content series, one focused on providing key course insights that will inform players’ decision-making at Whistling Straits, and another that will showcase the most unforgettable, defining decisions of the Ryder Cup to date.

Click here to watch The Nicklaus – Jacklin Award presented by Aon launch video, narrated by Jim ‘Bones’ Mackay of NBC/Golf Channel, and visit rydercup.com/aon for more award information. 


For photos of Jack Nicklaus and Tony Jacklin, click here.

ABOUT AON


Aon plc
 (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.

Follow Aon on Twitter and LinkedIn  
Stay up to date by visiting the Aon Newsroom and hear from Aon’s expert advisors in The One Brief.
Sign up for News Alerts here

ABOUT THE PGA OF AMERICA
PGA of America is one of the world’s largest sports organizations, composed of nearly 28,000 PGA Professionals who daily work to grow interest and inclusion in the game of golf. For more information about the PGA of America, visit PGA.com and follow us on Twitter, Instagram and Facebook.

ABOUT RYDER CUP EUROPE
Ryder Cup Europe – which comprises representatives of The European Tour (60%), of the PGA of Great Britain and Ireland (20%) and the Confederation of Professional Golf through the vehicle of The Ryder Cup European Development Trust (RCEDT) (20%) – owns the rights of The Ryder Cup when the competition is held in Europe. The European Tour is the Managing Partner and has prime responsibility for all matters concerning The European Team; the PGA of Great Britain and Ireland is the Founding Partner; and the Confederation of Professional Golf is responsible for the management of the Trust, which is the Development Partner. Our Official Partners for The 2020 Ryder Cup are Aon, BMW and Rolex. For more information about The Ryder Cup visit rydercup.com

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SOURCE PGA of America

Biofrontera reports preliminary revenue for the month of June 2021

Leverkusen, Germany, July 06, 2021 (GLOBE NEWSWIRE) — Biofrontera AG (NASDAQ: BFRA; Frankfurt Stock Exchange: B8F) (the “Company”), an international biopharmaceutical company, today reported preliminary, unaudited revenue for the month of June 2021.

The Company’s preliminary, unaudited revenue from product sales in June 2021 amounted to approximately EUR 2,626 thousand, compared to EUR 1,701 thousand in June 2020, an increase of 50%.

Preliminary revenues from product sales in the US were around EUR 1,375 thousand compared to EUR 1,235 thousand in June 2020, an increase of 11%. In Germany, revenues from product sales amounted to approximately EUR 417 thousand, compared to EUR 370 thousand in June 2020, an increase of 12%. In the rest of Europe, the Company generated product sales of around EUR 834 thousand, compared to EUR 96 thousand in June 2020, a plus of 770%. Sales in June this year include the first batch of Ameluz® for reintroduction in the Scandinavian market by Galenica AB.

Preliminary unaudited revenues

  June Q2
in EUR thousands 2021 2020 2019 2021 2020 2019
USA 1,375 1,235 1,539 4,861 2,166 5,060
Germany 417 370 309 1,285 1,054 1,081
Europe (ex Germany) 834 96 361 1,448 146 793
Total revenue from product sales 2,626 1,701 2,199 7,595 3,366 6,934
Revenues from R&D projects and license payments 0 48 54 0 6,278 162
Total revenue 2,626 1,750 2,253 7,595 9,644 7,096

Due to commercial rounding, rounding differences may occur in tables.

Due to the pandemic, the monthly and quarterly sales development is compared with sales in 2019 for increased transparency. As such, an increase of 19% in June 2021 total product sales was achieved in all markets compared to June 2019. In more detail, June 2021 sales were up by 35% in Germany and by 131% in the remaining European markets compared to June 2019. In the USA, product sales decreased by 10%. The decline was mainly caused by no or lower sales of Aktipak® and Xepi®, respectively, while sales of Ameluz® were at a comparable level.

In Q2 2021, product sales in all markets were up by around 10% compared to Q2 2019. Sales in Q2 2021 increased by around 19% in Germany and by almost 83% in the rest of the European market compared to Q2 2019. Revenue in the US market was down 4%, mainly due to the lack of or lower sales of Aktipak® and Xepi®, while sales of Ameluz® showed a slight increase compared to Q2 2019.
-End-

Biofrontera AG
Pamela Keck, Head of Investor Relations
[email protected]
+49-214-87632-0

About Biofrontera:

Biofrontera AG is a biopharmaceutical company specializing in the development and sale of dermatological drugs and medical cosmetics.

The Germany-based company, with over 150 employees worldwide, develops and markets innovative products for the care, protection and treatment of the skin. The company’s lead product is the combination of Ameluz®, a topical prescription drug, and medical device BF-RhodoLED® for the photodynamic therapy of certain superficial skin cancers and their precursors. Ameluz® has been marketed in the EU since 2012 and in the United States since May 2016. In addition, the company markets the prescription medication Xepi® for the treatment of impetigo in the United States. In the EU, the company also sells the dermocosmetics series Belixos®, which offers specialized care for damaged or diseased skin.

Biofrontera is the first German founder-led pharmaceutical company to receive a centralized European and a US approval for a drug developed in-house. The Biofrontera Group was founded in 1997 by the current CEO Prof. Dr. Hermann Lübbert and is listed on the Frankfurt Stock Exchange (Prime Standard) and on the US NASDAQ.www.biofrontera.com.

Forward-Looking Statements: Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the public offering and the intended use of proceeds from the offering.

These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate” and “intend,” among others. Such forward-looking statements are based on the currently held beliefs and assumptions of the management of Biofrontera AG, which are expressed in good faith and, in their opinion, reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual results, financial condition, performance, or achievements of the Company, or industry results, to differ materially from the results, financial condition, performance or achievements expressed or implied by such forward-looking statements. These risks, uncertainties and other factors are set forth in the annual report on Form 20-F filed with the SEC, including Item 3.D. “Key Information – Risk Factors,” and in future reports filed with the SEC. Given these risks, uncertainties and other factors, prospective investors are cautioned not to place undue reliance on these forward-looking statements. The Company does not undertake an obligation to update or revise any forward-looking statement.



LKQ Corporation to Release Second Quarter 2021 Results on Thursday, July 29, 2021

CHICAGO, July 06, 2021 (GLOBE NEWSWIRE) — LKQ Corporation (Nasdaq: LKQ) will release its second quarter 2021 financial results on Thursday, July 29, 2021.

Conference Call Details

LKQ will host a conference call and webcast on July 29, 2021 at 8:00 a.m. Eastern Time (7:00 a.m. Central Time) with members of senior management to discuss the Company’s results. To access the investor conference call, please dial (833) 236-5754. International access to the call may be obtained by dialing (647) 689-4182. The investor conference call will require you to enter conference ID: 5091036#.

Webcast and Presentation Details

The audio webcast and accompanying slide presentation can be accessed at (www.lkqcorp.com) in the Investor Relations section.

A replay of the conference call will be available by telephone at (800) 585-8367 or (416) 621-4642 for international calls. The telephone replay will require you to enter conference ID: 5091036#. An online replay of the audio webcast will be available on the Company’s website. Both formats of replay will be available through August 12, 2021. Please allow approximately two hours after the live presentation before attempting to access the replay.

About LKQ Corporation

LKQ Corporation (www.lkqcorp.com) is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. LKQ has operations in North America, Europe and Taiwan. LKQ offers its customers a broad range of OE recycled and aftermarket parts, replacement systems, components, equipment, and services to repair and accessorize automobiles, trucks, and recreational and performance vehicles.

Contact

Joseph P. Boutross
LKQ Corporation
Vice President, Investor Relations
(312) 621-2793
[email protected]



Digi International to Acquire Ctek

Digi International to Acquire Ctek

Acquisition Delivers Wireless and Wired Solutions for Industrial Monitoring and Control, Bolstering Digi’s Unique Suite of Edge Automation Solutions

HOPKINS, Minn.–(BUSINESS WIRE)–
Digi International (NASDAQ: DGII) (www.digi.com), a leading global provider of Internet of Things (IoT) connectivity products and services, today announced it has acquired Ctek, Inc., a company specializing in solutions for remote monitoring and industrial controls. Terms of the transaction were not immediately disclosed.

Combining focused hardware and software into a complete offering, Ctek targets industries that require ruggedized products for automation and remote management, such as lighting, agriculture/irrigation, and water/waste-water management. Through the acquisition of Ctek, Digi is uniquely positioned to provide customers with both battery and hardwired options for the control and monitoring of critical infrastructure, from complex off-shore oil rig locations to localized deployments such as municipal park lighting. In addition, Ctek’s offering and existing client portfolio is set to further Digi’s reach in a rapidly expanding market.

“We are proud to welcome Ctek to the Digi family,” said Brian Kirkendall, General Manager and Vice President of Infrastructure Management for Digi International. “The addition of Ctek’s blue-chip customer base and user-focused platform positions Digi to expand our portfolio of purpose-built Industrial IoT solutions. This strategic move marks another significant step toward enabling the intelligent edge for our customers.”

A trusted industry mainstay for nearly 20 years, Ctek gives companies a complete SCADA system. In addition to automation control and a robust application suite, Ctek’s SkyCloud complements Digi’s Connect Sensor+ with its intuitive visual interface that consolidates access and management of an entire network of individual endpoints.

“This is a tremendous opportunity for Ctek, and we cannot think of a better industry partner than Digi,” says Phil Sutter, President, Ctek. “The company not only has a stellar reputation as a software-first innovator but also a lengthy track record and legacy of excellence. It’s important to us—and very exciting—to join forces with an industry leader that has deep expertise, a rock-solid business foundation, and the ability to support customers with the added benefit of a broad infrastructure and increased product depth.”

Ctek will be integrated into Digi’s portfolio to build out its complete, advanced enterprise and industrial connectivity solutions.

For more information, visit Digi.com.

About Digi International

Digi International (NASDAQ: DGII) is a leading global provider of IoT connectivity products, services and solutions. We help our customers create next-generation connected products and deploy and manage critical communications infrastructures in demanding environments with high levels of security and reliability. Founded in 1985, we’ve helped our customers connect over 100 million things and growing. For more information, visit Digi’s website at www.digi.com.

About Ctek

Ctek, Inc. creates remote automation and communications solutions for industrial applications in irrigation, water/waste-water management, agriculture and more. Combining hardware manufacturing and software offerings, Ctek gives companies that require ruggedized products a higher level of control and visibility than conventional solutions. For more information, visit Ctek’s website at www.ctekproducts.com.

Forward-Looking Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These include statements regarding, but not limited to, the potential impacts of Digi’s acquisition of Ctek. Forward-looking statements can be identified by the use of words such as “may,” “will,” “plan,” “should,” “expect,” “anticipate,” “estimate,” “continue” or comparable terminology. Forward-looking statements involve risks and uncertainties that could cause actual results or developments to differ materially from those indicated due to a number of factors affecting Digi’s operations, markets, products and services. Digi identifies the principal risks and uncertainties that impact its performance in its public reports filed with the SEC, including the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition” sections of Digi’s most recent Annual Report on Form 10-K, as may be supplemented or amended by Digi’s subsequent Quarterly Reports on Form 10-Q. Forward-looking statements speak only as of the date on which they are made, and Digi assumes no obligation to update any forward-looking statements, except as required under applicable law.

Media Contact:

Peter Ramsay / Valerie Christopherson

Global Results Communications for Digi

[email protected]

949.307.5908

Investor Contact:

Jamie Loch

Senior Vice President, Chief Financial Officer and Treasurer

Digi International

952.912.3737

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Technology Other Technology Mobile/Wireless Software Networks Hardware

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Crane Co. Announces Date for Second Quarter 2021 Earnings Release and Teleconference

Crane Co. Announces Date for Second Quarter 2021 Earnings Release and Teleconference

STAMFORD, Conn.–(BUSINESS WIRE)–
Crane Co. (NYSE: CR) announces the following schedule and teleconference information for its second quarter 2021 earnings release:

  • Earnings Release: July 26, 2021 after close of market by public distribution and the Crane Co. website at www.craneco.com.
  • Teleconference: July 27, 2021 at 10:00 AM (Eastern) hosted by Max H. Mitchell, President & CEO, and Richard A. Maue, Senior Vice President & CFO. The call can be accessed in a listen-only mode via the Company’s website www.craneco.com. An accompanying slide presentation will also be available on the Company’s website.
  • Web Replay: Will be available on the Company’s website shortly after completion of the live call.

Crane Co. is a diversified manufacturer of highly engineered industrial products. Founded in 1855, Crane Co. provides products and solutions to customers in the chemicals, oil & gas, power, automated payment solutions, banknote design and production and aerospace & defense markets, along with a wide range of general industrial and consumer related end markets. The Company has four business segments: Process Flow Technologies, Payment & Merchandising Technologies, Aerospace & Electronics and Engineered Materials. Crane Co. has approximately 11,000 employees in the Americas, Europe, the Middle East, Asia and Australia. Crane Co. is traded on the New York Stock Exchange (NYSE:CR). For more information, visit www.craneco.com.

Jason D. Feldman

Vice President, Investor Relations

203-363-7329

www.craneco.com

KEYWORDS: United States North America Connecticut

INDUSTRY KEYWORDS: Defense Oil/Gas Other Defense Contracts Energy Chemicals/Plastics Aerospace Manufacturing

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Blackstone to Acquire Sphera, a Leading Provider of ESG Software, Data, and Consulting Services, From Genstar Capital for $1.4 Billion

Blackstone to Acquire Sphera, a Leading Provider of ESG Software, Data, and Consulting Services, From Genstar Capital for $1.4 Billion

NEW YORK & CHICAGO–(BUSINESS WIRE)–
Blackstone (NYSE:BX) announced today that private equity funds managed by Blackstone (“Blackstone”) have entered into a definitive agreement to acquire Sphera, a leading provider of Environmental, Social and Governance (ESG) software, data, and consulting services, from Genstar Capital. The investment, which values the company at approximately $1.4 billion, would be made through Blackstone’s flagship private equity vehicle.

Through SaaS software, proprietary data and consulting services, Sphera’s experts work with organizations around the world to help them surface, manage, and mitigate ESG risk in the areas of Environment, Health, Safety & Sustainability, Operational Risk Management and Product Stewardship. The company has more than 3,000 customers in more than 100 countries.

Eli Nagler, a Senior Managing Director at Blackstone, said: “The increasing importance of environmental, social, governance issues to businesses globally is a key thematic investing focus for Blackstone. Sphera has established itself as a market leader in the ESG software and solutions space, and we’re excited to partner with Paul and this best-in-class management team to continue to accelerate their impressive growth trajectory.” Martin Brand, Head of North American Private Equity at Blackstone and Global Co-Head of Technology Investing, added: “Sphera has built world-class technology and is exceptionally well positioned in the fast-growing ESG sector. We are looking forward to helping Paul and his team accelerate Sphera’s further expansion.”

Paul Marushka, President and CEO of Sphera, said: “We are excited to partner with Blackstone on this next stage of our journey as we drive our vision of integrated Environmental, Social and Governance (ESG) cloud-based software, data and services. With this significant investment of new capital, Sphera will expand the ESG digital solutions on its SaaS platform with unique data sets and differentiated consultative services throughout the world. On behalf of the Sphera team, I would like to thank Genstar Capital for their valuable contributions and strategic partnership over the years.”

Geoff Miller, Director at Genstar, commented: “In 2016, Genstar partnered with Paul Marushka to build a leading software platform in ESG and operational risk management. We have been thrilled with the leadership position Paul and his team established after the initial acquisition of Sphera. The Company has made significant investments in the business, expanded the company’s geographic and end-market reach, and executed a number of key acquisitions to expand the company’s portfolio of cloud-based applications. With Sphera’s strong management team and a robust sales and marketing organization, the company is poised to continue its growth with the support from Blackstone’s global team.”

Simpson Thacher & Bartlett LLP served as legal advisor to Blackstone. Evercore served as financial advisor to Genstar and the Company, and Willkie Farr & Gallagher LLP served as legal advisor. Vedder Price served as legal advisor to the Company and Management.

About Sphera

Sphera creates a safer, more sustainable and productive world. We are a leading global provider of Environmental, Social and Governance (ESG) performance and risk management software, data and consulting services with a focus on Environment, Health, Safety & Sustainability (EHS&S), Operational Risk Management and Product Stewardship.

About Blackstone

Blackstone is one of the world’s leading investment firms. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $649 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow Blackstone on Twitter @Blackstone.

About Genstar Capital

Genstar Capital is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of strategic advisors to transform its portfolio companies into industry-leading businesses. Together with Genstar X and all active funds, Genstar currently has approximately $33 billion of assets under management and targets investments focused on targeted segments of the financial services, healthcare, industrials, and software industries. More information about Genstar Capital can be found at www.gencap.com.

Media

For Blackstone

Matt Anderson

[email protected]

1-518-248-7310

For Genstar

Chris Tofalli

[email protected]

914-834-4334

KEYWORDS: United States North America Illinois New York

INDUSTRY KEYWORDS: Environment Technology Insurance Finance Consulting Banking Professional Services Software Data Management

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